Actualités Forex
Malaysia GDP Growth Rises More Than Estimated
Malaysia's economic growth accelerated more than initially estimated in the second quarter on household consumption and investment. Gross domestic product registered an annual growth of 5.9 percent in the second quarter after rising 4.2 percent in the previous quarter, revised estimate from the Department of Statistics showed on Friday.
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NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.
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European Shares Likely To Open On Mixed Note
European stocks are seen opening on a mixed note Friday after scoring big gains in the previous session.
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European Economic News Preview: UK Retail Sales Data Due
Retail sales from the UK and foreign trade from the euro area are the top economic news due on Friday. At 2.00 am ET, the Office for National Statistics releases UK retail sales data for July. Sales are forecast to grow 0.5 percent on month, reversing the 1.2 percent decrease in June.
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Sensex, Nifty Follow Global Peers Higher As US Recession Fears Fade
Indian shares were notably higher on Friday as strong retail sales data and lower-than-expected weekly jobless claims figures helped ease fears of a looming recession in the United States.
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Asian Markets A Sea Of Green
Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as stronger than expected US retail sales and weekly jobless claims data helped ease concerns about a recession in the world's largest economy. However, this is expected to prompt the US Fed to go for a lower interest rate cut in September.
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Sensex, Nifty Set To Open On Buoyant Note
Indian shares look set to open on a buoyant note Friday as signs of slowing inflation in the U.S. coupled with upbeat consumer spending and labor market data underscored a resilient economy but prompted traders to lower their expectations of aggressive Federal Reserve interest-rate cuts this year.
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more news
Japanese Market Sharply Higher; Up 3%
Adding to the gains in the previous four sessions, the Japanese stock market is trading sharply higher on Friday, following the broadly positive cues from Wall Street overnight. The benchmark Nikkei 225 is surging 3 percent to above the 37,800 level, with gains across all sectors led by index heavyweights, financial and technology stocks.
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Australian Market Sharply Higher
Extending the gains the previous five sessions, the Australian stock market is sharply higher on Friday, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 7,900 level, with gains across most sectors led by miners and technology stocks.
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TSX Ends 1.2% Up As Stocks Cheer Economic Data
Canadian stocks climbed higher on Thursday, tracking gains on Wall Street where stocks rallied sharply after data showed a bigger-than-expected increase in U.S. retail sales last month, and a drop in weekly jobless claims.
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Dollar Rises On Strong Economic Data
Stronger-than-expected retail sales data, and a bigger than expected drop in U.S. jobless claims helped eased concerns about U.S. economic growth, and lifted the dollar's value on Thursday.
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Swiss Market Ends On Firm Note
The Switzerland market suffered a mild setback a little past noon on Thursday, and despite staying a bit weak for the next couple of hours, moved higher thanks to resumption of buying at several counters, and eventually ended the day's session on a firm note.
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European Stocks Close Higher On Encouraging Economic Data
European stocks closed higher on Thursday with investors continuing to react positively to inflation readings from the U.S. and U.K. Investors also digested U.S. GDP data and weekly jobless claims and industrial production data from the U.S.
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